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ECD ANNOUNCES ELECTRIC VEHICLE DEMONSTRATION

 TROY, Mich., Sept. 8 /PRNewswire/ -- Energy Conversion Devices, Inc. ("ECD") (NASDAQ: ENER) announced today the first vehicle demonstration of its new electric vehicle battery, the Ovonic nickel-metal hydride battery. In August, this battery powered a Chrysler electric test-bed minivan (TeVan) in city and highway driving. The battery is under development by ECD's Ovonic Battery Company subsidiary. Its development is being supported by a three-year $18.5 million cost-sharing contract from the United States Advanced Battery Consortium awarded in May 1992.
 Stanford R. Ovshinsky, president of Energy Conversion Devices and chief executive officer of Ovonic Battery Company, stated: "This is an important milestone towards the realization of a practical electric car industry."
 USABC is a partnership among Chrysler Motors Corporation, Ford Motor Company and General Motors, with support from The Electric Power Research Institute (EPRI) and The Department of Energy (DOE).
 ECD is a leader in the synthesis of new materials and the development of advanced production technologies and innovative products. Since its founding in 1960, ECD's research and development efforts have focused on amorphous and disordered materials. ECD has developed its Ovonic materials, production technology and products in the areas of energy, information and synthetic materials.
 -0- 9/8/93
 /CONTACT: Subhash K. Dhar, president and chief operating officer of Ovonic Battery Company, 313-362-1750/
 (ENER)


CO: Energy Conversion Devices, Inc.; Ovonic Battery Company ST: Michigan IN: AUT SU:

SB -- DE017 -- 9997 09/08/93 16:53 EDT
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Publication:PR Newswire
Date:Sep 8, 1993
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